The sovereign debt crisis is a term on the lips of all market watchers. It first worked its way into Europe in 2010 but has since spread across the Atlantic and to Asia. When France lost its AAA ranking by Standard and Poor’s a mere week ago, it meant that all of the world’s five largest sovereign borrowers (China, Japan, Italy and the United States) are now without their AAA rating. Beside the escalation of the sovereign debt crisis in 2011 these countries still have massive budget deficits and seem unwilling to tighten the belt. It’s no small wonder that in order for debts to be repaid, deficits need to hit a standstill. Governments must create excess for many years to come. However, in light of the European sovereign debt crisis and the rapid economic downfall of countries time and time again, the chances of this happening are slim.

Experts in the Euro and US sovereign debt crisis predict that one of two things can happen. Governments will either default or use inflation to lower the value of debts. The latter will happen only with the cooperation of central banks that need to maintain low interest rates way below increasing prices for many years. In the medium term, states can expect to lose much money.

It’s taken some time for investors to realise the severity of this loss. Overall it has dealt a big blow to the market. Before the sovereign debt crisis in Europe, sovereign debt was considered a safe asset, similar to the high regard given to gold in the past. It seems as if investors will have to re-examine how they make up their portfolios.

Sovereign Debt Crisis: The Big Changes

Unlike before, governments will have more to pay if they want to borrow. This is already starting to happen in some of EU countries. Italy for example has to pay back almost 7% to borrow money over a ten year period. France is sitting at 3%, whilst countries like the United States, Japan and Germany still pay extremely low interest rates. In light of Europe’s sovereign debt crisis these levels won’t stay low for long. In a decade it is expected that all developed countries will have interest levels near 7%.

Investment Tips during the Sovereign Debt Crisis

In the meantime expect traditional assets like gold to increase in value as banks buy up supplies. Blue chip companies and corporate bonds will see a downturn during the recession but as the global economy begins to grow again, so will these investments.

Penny Munroe is an avid follower of the Forex broker UK market, aiming to educate readers on currency trading trends and the latest economic news. After her first metatrader 4 download, Penny Munroe has actively aimed to increase and share her knowledge of currency trading.

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Most of us will at some point wish we could trade in our day job for something that can make us a lot of profit in a short space of time. Well with a career in forex trading you can. Like any job a career in forex trading requires a lot of research, careful planning and testing, but once you have a couple of winning strategies you are in a good position to take advantage of the fluctuations in the forex markets and earn a decent profit. However, becoming a trader is not the only career available in forex trading. We take a closer look at the different career positions you can choose.

Forex Market Analyst

A forex marketing analyst has an interesting career in trading as it is their job to analyse the forex market, as well as the economic and political issues that affect currency values.  Ideally an analyst should have a degree in finance and at least 12 to 24 months’ experience. Furthermore, a forex analyst needs to be able to produce high quality and informative articles quickly to keep up with the rapidly changing markets. Depending on their level of experience, analysts may also offer courses to further explain how forex trading and the markets work, as well as how to keep track of current affairs and how these may affect currency.

Forex Account Manager

If you have been trading part time then you may want to consider becoming a fulltime forex trader. Any funds or accounts that utilise forex trading need to be managed by an experienced trader who can make decisions when it comes to buying and selling. Banks and investment companies need account managers to protect their accounts against the fluctuating currencies, and some account managers are even in charge of individual accounts for their clients.

Regulator

Forex regulation is important as there is the risk of fraud when it comes to trading. Regulatory bodies hire people for numerous positions in both the public and private sectors. Some of the regulatory positions you will find in forex trading include attorneys, auditors and investigators among others.

Exchange Operations Managers

Providing good customer service is always important but when it comes to forex trading your exchange ops managers need to be informed as well. This position includes processing account, verifying customer details, providing customer service and more. As well as a degree in finance or accounting, you will also need good analytical skills and a strong understanding of how the forex markets work.

Software Developer

Without the software that operates the trading platforms, people wouldn’t be able to trade. Developing new software, as well managing and maintaining existing software are crucial to the developer’s job. While you don’t need to have any knowledge of how the forex markets and trading work, this will definitely be to your advantage.

Bella Gray is a part time forex trader who contributes to forums and writes articles about subjects such as the usefulness of using a metatrader demo account to practise strategies before using them in her realitime forex trading account.

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The PMEAC (Prime Minister’s Economic Advisory Council) expects the economic growth rate to bounce back to the pre-crisis level of 9 % during the year 2011-12 on account of the strong performance indicators of the industry and service sectors.The economy had been growing by over 9 per cent before the global financial meltdown brought down the growth rate to 6.8 % during 2008-09.

However, following the stimulation provided by our government to the industry, the growth rate has picked up to 8 % in 2009-10 and the current fiscal is expected to end with 8.6 %.

“The Council continues to be of the view that it is possible to achieve growth of 9 per cent in 2011-12, while slightly refashioning the GDP components”, said the ‘Review of the Economy 2010-11’ which was released by PMEAC chairman Mr. C Rangarajan.The Review also said that The rebound in the country’s GDP will be supported by healthy farm sector growth, along with robust performance of industry and services.

It also said that “The farm sector is … expected to grow by 3 per cent (against 5.4 per cent in 2010-11), the industrial sector by 9.2 per cent (8.1 per cent) and the services sector by 10.3 per cent (9.6 per cent)”.
Indian economy grew by 9.5 % in 2005-06, 9.6 % in 2006-07 and 9.3 % in 2007-08.

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Lanco group have announced that it will spend the 3,000 crore as investment to set up 250 mega watt solar photovoltaic unit in the Indian state (Chhattisgarh). This project will be useful for exporting to Europe and US and also for domestic purposes.

A special purpose vehicle has been launched by the Lanco InfoTech to set up the Lanco solar unit group in two separate phases at a district called Rajnandgon in Chhattisgarh. L. Madhu Sudha Rao, chairman of Lanco group said that this solar unit set up can be available to meet 15% of the domestic demands.

As per the export growth is been concerned, the annual based reports given by the traditional markets, India export target was $200 billion and now it has raised up to $220 billion which means that the export range has been risen by 32.5% to $20.6 billion in the end of January.

In last year, December, as per the annual based report, it seems that the shipments grew to $22.5 billion by 36.4 percent. It was recorded the highest in the 33 months. In the year period of 2010-11, from April-January the have grew up to $184.6 billion and 29.4 percent.

However, the first phase of the project is expected to be completed in 15 months and it involves initial amount of Rs. 1,370 crore. Tie up of the Lanco group is made up with Axis bank and other banks for funding the first phase. The project is been reported to be completed in the year 2014.

This unit will help much in export growth and also in revenue. It contributes Rs.1, 500 crore to revenue every year. In last year, officials reported that involvement of jewelry, gems, oil lubricants, petroleum, and engineering played their major part in exports.

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As per the prediction report, it seems that the growth of technology and industrial output is seems to be at the slight stage to be halted by 2 percent in December 2010. The last year bond auction is yet to be released in few days. However, the federal bond yield can reduce the trade and heading to look for the factory output data.

The key of the future economic growth is in the hands of the Index of Industrial Production (IIP). A senior citizen of a bank said that there is much change occurs in the industrial output every time and it is very hard to predict that eventually.

Hence it is important for the banks to look after the rate hikes and the bond prices. The central bank may be suppressed to these factors due to industrial output. Government has planned for selling bonds worth of rupees nearly 100 million rupees in few days.

Head for the fixed income in the L&T management said the result on the bond auction will be closely noted. If the trade market continues to face these sorts of weaker growth at industrial output then there will be many downs in the economic growth.

The central bank is now trying to maintain the growth at consistent by having avoiding the inflation shadow to affect the economic growth, said Duvvuri Subbarao, Indian governor for Reserve Bank. The benchmark for five year was now declined for 2 basis points and now at 8.07 percent rate.

One year swap interest rates are also lowered by 2 points and now at about 7.43 percent. About 15-20 billion rupees were traded just in the first hour of the trade whereas only four bonds were sold today for about 5.4 billion rupees.

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The Sensex, sensitive index crashed by 183 points. 17,775.70 points on Tuesday have been declined to 17,592.77 points on Wednesday. The benchmark index is also decreased by 261 points.

Companies such as Ambani groups have been facing high interest rates due to the persistent problem in the allocation of 2Gspectrum scam. Corporate earnings would be highly affected due to these interest rates.

Indian government has estimated the economic growth to be 8.6 percent in 2011-2012. However, it seems to reach only 7.7 percent. This decline in the economic growth is highly influenced by the factors such as corruption, food inflation, and hike rates and so on.

Reliance communication had their weaker areas in the Bombay exchange as they are complained to be involved in spectrum. Reliance communication has ended to Rs.94.85 with the drop in their rate by 14.32 percent where they were initially settled to Rs.90.80 with the higher decline rate of 17.97 percent.

The Reliance infrastructure has been reduced by 18.79 percent where they have finally ended up at Rs.534.70 in the Bombay Stock Exchange. Reliance is noted to be the worst sufferer due to the Sensex pack.

Reliance power, Reliance media, Reliance capital and Reliance broadcast has been finalized to 8.93 percent, 16.11 percent, 14.05 percent and 9.83 percent respectively. The currency value accordingly was also given by BSE as Rs.113.15, Rs.129.10, Rs.412.90, and Rs.160.42 respectively.

Nifty shares crashed by 59 points. The earlier share rate was at 5312.55 and now it is declined at 5253.55, National Stock Exchange report says. Details on the provisional data tell that the foreign investors have sold their shares to Rs. 726.54 in past few days.

Comparing with the world stock exchanges India is now facing a tight policy changes. The Bombay Stock Exchange Smallcap and midcap has further declined to 4.30 and 3.64 percent on a whole.

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In the Philippine, Stock Exchange BEL or Willy Ocier-led Belle Corporation was one of the top stories among the domestic stock market last year. Belle Corporation was actually a sleeper during the first half of last year (2010). It was only trading around a PHP of 1.80 in the month of July before it moved to north. From the month of August to the December of 2010, it had a rise from PHP 1.85 to PHP 4.60.It didn’t stop there as Belle Corporation  continued to move higher in the first month of 2011 and on 19th of the same month, it reached a high PHP of 6.49. Then onwards a profit taking took over and the stock was slid back to a much low PHP of 4.92.

Many people have started asking, “Will BEL soon get back on the bullish track?” I would say that given its present technical set-up, there is a pretty good chance that Belle Corporation would surely make a turn around and will head back to north. As it’s very clear from its daily chart, BEL has weakened back to the PHP price level of 5.00. If you notice, that this mark also coincides with the 38.2% Fibonacci retracement level of the last up wave, making it a better level of support. The issue’s uptrend level is still around to keep it from decreasing further. Moreover, a hidden bullish divergency, where the price registers higher lowers while the RSI makes lower lows, is also present. This suggests that the traders and investors could quickly pick up the stock. A rally from PHP of 5.00, therefore, could send it back to its former high PHP level of 6.49.On the other hand a break below that, could push its PHP down to the other Fibonacci retracements PHP levels ranging from 4.50 or 4.00.

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The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week.

Brazil is one of the main metallic commodity exporters in the world, and uncertainty brought by U.S. and Chinese statements regarding new financial regulations for loans in both countries still impacted market sentiment today, decreasing demand for raw materials and riskier assets globally, forcing the real to trade near the lowest price in 2010 reached last Friday.

USD/BRL closed today at 1.8240 from an opening rate of 1.8155.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Australian dollar managed to gain versus

lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations that a series of interest rates in the country will restart.

The Aussie rebounded after losing versus most of lower-yielding currencies last week as risk aversion remained predominant in majority of trading hours. Investors in the South Pacific region are waiting an inflation report to be released on Jan 27th expecting positive numbers as forecasts suggest an advance for the country’s prices in the last quarter of 2009, which would provide grounds for a new series of interest rate hikes by Australian policy makers.

AUD/USD traded at 0.9053 as of 00:09 GMT from a previous rate 0.9034 when markets opened Sunday evening.

If you want to comment on the Australian dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The South Korean currency, one of the best performers in 2009 among Asian emerging markets, had a severe weekly decline as risk aversion remained predominant after China’s statements regarding new regulations on its economy.

After China announced it will take further measures to control inflation in the country, which can be understood with implied slower economic growth, the South Korean currency declined versus most of its main trading partners currencies, as was the worst performer in the Asian region this week in foreign-exchange markets.

USD/KRW ended the week at 1,152.50 from an opening rate of 1,136.2 this Friday.

If you want to comment on the Korean won’s recent action or have any questions regarding this currency, please, feel free to reply below.

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After losing significantly during most of this Wednesday’s session as risk aversion prevailed globally, the kiwi rebounded in currency markets as retail sales advanced in the country reviving the confidence regarding the Southern Pacific economy.

The New Zealand dollar had its worse decline in two months this Wednesday as consumer prices showed negative figures, but a retail sales report published in this Thursday early morning in the country revived confidence in the currency as figures came better than forecasts suggested.

NZD/USD traded at 0.7227 as of 12:51 GMT from as low as 0.7185 hours earlier.

If you want to comment on the New Zealand dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Brazilian real touched the weakest level in a month as risk aversion remained predominant in today’s trading session globally, since equities and commodities markets continued to follow a bearish trajectory in most of the

key-economic regions around the world.

Brazil’s real suffered another impact today as China’s lending restrictions announced last week continue to influence risk levels in trading markets globally. Commodities, responsible for a good share of Brazil’s international trade continued to tumble in Asia and Europe, decreasing attractiveness for the real which lost sharply versus a more appealing U.S. dollar as traders searched for safety.

USD/BRL closed at 1.7895 today from an opening rate of 1.7715.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Canadian dollar ranked among the worst performers in currency markets today as risk aversion influenced commodities and equities trading, which are strongly related to the loonie’s rates as weak economic data in the country also influenced the confidence towards Canada’s currency.

Speculations that interest rates hikes would happen anytime soon in Canada faded further away as consumer prices retreated according to a report published today, which forced the loonie down in a day were demand for raw materials declined, affecting the outlook for the Canadian economy as half of the country’s exports are commodities. The U.S. dollar advanced sharply versus its Canadian counterpart ask risk aversion brought traders to purchase safer assets in the world’s wealthiest nation, pushing the loonie away from parity with the greenback this Wednesday in foreign-exchange markets.

A considerable amount of strength in the loonie’s rally since the beginning of the year was based on the fact that a fast paced recovery would improve odds of interest rate hikes by the Bank of Canada, which has not been confirmed or signaled by the Canadian financial authorities so far, decreasing attractiveness for the loonie. Today, the commodities market was also bearish, affecting demand for Canadian raw materials and causing a double impact on the loonie rates.

USD/CAD traded at 1.0472 as of 19:23 GMT from a previous rate of 1.0314 yesterday. CAD/JPY traded at 87.06 from 88.39.

If you want to comment on the Canadian dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The dollar gained today versus most of the 16 main traded currencies as China tightened its lending restrictions, raising risk aversion in

foreign-exchange markets affecting high-yielding currencies the most, as investors search for safer bets.

The U.S. currency continue yesterday’s advance as risk aversion coming from Asia is still playing a major role in market sentiment this week, and the safety provided by assets in the country became one of the best options for these turbulent trading sessions. The euro was one of the biggest losers versus the dollar touching the lowest rate in 2010 today after International Monetary Fund officials affirmed that Greece’s situation is serious, once again making the Southern European nation to affect the outlook for the bloc’s single currency. The New Zealand dollar declined as a report in the nation showed that consumer prices dropped in the country, surprising analysts.

Chinese’s new policy regarding loans to avoid a new credit bubble is decreasing risk appetite, and events in Europe aren’t good either, this is allowing the dollar to outperform most of its trading partners currencies, as the U.S. provided relatively good data today, as analysts affirmed.

EUR/USD bottomed at 1.4095 as of 17:17 GMT from a previous rate of 1.4272 yesterday. NZD/USD traded at 0.7190 from 0.7387.

If you want to comment on the U.S. dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The British currency had a favorable performance today versus multiple

key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.

After inflation surpassed analysts estimates and Bank of England’s target today, the pound gained considerably versus most of the main traded currencies, specially versus the euro, as Greece’s budget deficit is still affecting the currency’s outlook, and ths Swiss franc, which had a rally halted as fears of interventions from the nation’s central bank emerged.

EUR/GBP slid to 0.8727 as of 23:41 GMT from a previous rate of 0.8785 yesterday.

If you want to comment on the Great Britain pound’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Swiss currency finally felt the central bankers pressure and declined considerably versus most of its main trading partners’ currencies, on speculations that measures will be taken by the financial authorities to avoid the franc to gain.

The Swiss franc dropped even versus the European single currency as some of the bloc’s members are providing negative economic data, evidencing that the Swiss National Bank pressure to halt the franc’s rally is taking effect. The pound was one of the biggest winners versus the franc as the U.K.’s inflation rose beyond forecasts.

GBP/CHF traded at 1.6886 as of 22:31 GMT from a previous rate 1.6737 yesterday.

If you want to comment on the Swiss franc’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The euro tumbled today versus most of the

key-currencies in Europe after Germany published an important economic confidence report with worse-than-expected data, declining attractiveness for the single currency as some of its member countries struggle with a growing budget deficit.

The European single currency dropped versus most of the 16 main traded currencies today as the outlook for the economic bloc declined considerably after theGerman ZEW Economic Sentiment report brought negative data to traders, which opted for other currencies in the region and overseas as Germany is the main economy currently using the euro. Greece’s deteriorating budget deficit is still a reason of big concern and is affecting the appeal for the euro, as the European Central Bank affirmed that further measures should be taken by the Southern European nation to solve its growing budget crisis. The pound climbed versus the euro as the U.K. posted a higher than expected annualized inflation rate.

Speculations that a slow down in the Eurozone recovery pace are already affecting the outlook for the currency, according to analysts. The region still has low interest rates, and the disparities among the bloc’s members are influencing traders who would rather invest in other regions for the moment.

EUR/USD traded at 1.4276 as of 17:26 GMT from a previous rate of 1.4391 yesterday. EUR/GBP declined to 0.8715 from 0.8815.

If you want to comment on the Euro’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Canadian dollar fell today after the nation’s central bank left interest rates unchanged at an all time record low, declining rate hikes speculations despite the favorable economic data published in Canada during the past few weeks.

The loonie dropped versus most of the 16 most traded currencies today after the central bank affirmed that interest rates will remain unchanged until June, decreasing sharply the attractiveness for the loonie as traders expected the good performance of the Canadian economy to produce more immediate results in terms of interest rate hikes. The Bank of Canada also made a statement against the loonie’s strength, which, according to its officials, is a threat to the economic growth in the North American nation, forcing the loonie down specially versus its a stronger greenback that advanced versus all of the 16 main traded currencies.

The lack of a hawkish tone in Canada’s central bank declarations affected the outlook for the loonie, which have been gaining on speculations that stronger economic conditions in the country would allow the BOC to raise interest rates sooner than expected, but its dovish position and against a strong loonie will certainly be an obstacle for loonie’s further advances.

USD/CAD traded at 1.0320 as of 15:28 GMT from a previous rate of 1.0255 in the intraday comparison. CAD/JPY traded at 88.24 from 88.45.

If you want to comment on the Canadian dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

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The Swiss franc gained versus several

key-currencies today despite the nation’s central bank concerns regarding the strength of its currency, which already was expressed previously in statements mentioning eventual future interventions to halt the franc’s rally.

Even if the Swiss National Bank President Philipp Hildebrand stated last week that franc’s fluctuations will be monitored closely, expressing concern with the Swiss currency high rates, the franc advanced today versus the euro as traders feel it is still undervalued versus the European single currency. According to analysts, the SNB will impose more than verbal interventions anytime soon as long as the franc continues bullish.

EUR/CHF traded at 1.4740 as of 21:31 GMT from an opening rate of 1.4753 yesterday.

If you want to comment on the Swiss franc’s recent action or have any questions regarding this currency, please, feel free to reply below.

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After a week of losses versus most of the main traded currencies in

foreign-exchange markets, the Brazilian real advanced today fueled by a positive performance in commodities and equities markets.

The Brazilian real gained today versus the yen and the U.S. dollar as demand for commodities and optimism regarding the nation’s economy allowed the South American currency to revert a negative trend that lasted five consecutive days. A great sum of capital inflows to Brazilian stocks also influenced on the good performance of the real this Monday.

USD/BRL traded at 1.7661 as of 19:54 GMT from an opening rate of 1.7715.

If you want to comment on the Brazilian real’s recent action or have any questions regarding this currency, please, feel free to reply below.

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